US economy adds 4.8 million jobs in June as coronavirus surges

The US economy added a record 4.8 million jobs last month as the nation continued an economic rebound that’s now threatened by a surge in coronavirus infections, new data show. Thursday’s closely watched June jobs report showed a better-than-expected recovery in the labor market as states forged ahead with reopening plans that are now being […]

U.S. Jobless-Claims Figures Inflated by States’ Backlog-Clearing

The weekly U.S. jobless claims report shows that 11 million people are on a new federal aid program geared toward the self-employed, accounting for more than a third of total claims across the country. But that figure — cited by economists alongside traditional claims in regular state programs as helping provide a more complete picture […]